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Basis: Interest rate 6% Mortality table RPH-2014 Disabled Retiree without mortality improvement Given the following values: Value Whole life annuity payable at the beginning of
Basis: Interest rate 6% Mortality table RPH-2014 Disabled Retiree without mortality improvement Given the following values: Value Whole life annuity payable at the beginning of the year for age 52 One year survival probability for age 51 10 year term annuity payable at the beginning of each month for age 50 10 year survival probability for age 50 Find the present value of a 10,000 whole life annuity payable at the beginning of the year for 51: 12.7397 0.987606 7.1680 0.869697 Find the present value of a 10 year term life annuity of 10,000 per year payable at the end of each month 50: You may answer rounded to the nearest 1,000. The instructor will grade all submissions; so scores may change
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